Prior efforts to regulate artificial intelligence in the U.S. have been fragmented, but the White House executive order released last week aims to shape and frame future efforts.
If companies make disclosures in a big rush, as required, they may end up going public about cybersecurity incidents before they fully understand the situation.
Is collecting, storing and securing vast troves of data still the prudent move as cyberthreats abound, or is 'overcollecting' resulting in overexposure?
The "prevailing norm" in corporate America is "governance is lacking, resources are misaligned, and enterprises fly blind to their most critical cybersecurity risks, putting the company and shareholders on uncertain ground," said Scott Kannry, CEO of the cyber-risk engineering firm Axio.
"For the first time in U.S. states, companies will need to collect meaningful permissions from their customers to gather and apply data relating to the customers' position on the globe."